1516 West Oceanfront

Newport Beach, CA 92663

$3,595,000
Price
3
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Back on market after buyer failed to perform. Step up to the oceanfront lifestyle! Superbly positioned between the Balboa and Newport piers and just a short stroll from bustling Marina Park and myriad water activities, this freshly remodeled three bedroom, two bath, separately deeded, R-2 condo affords a unique turn-key opportunity to live waterfront in Newport Beach. Enjoy easy, breezy single-level living with direct elevator access, and an open lay out that revels in whitewater views and sunsets...

Property Details for 1516 West Oceanfront

City Postal ID
OC - NEWPORT BEACH (92663)

Location

Listing Courtesy of Pacific Sotheby's Int'l Realty, Tara Foster Shapiro, DRE #01892201

Property Details for 1516 West Oceanfront

StatusContingent
MLS #NP21155790
Days on Market63
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type2-4 Units
Year Built1990
Lot Size0.07 AC / 3,090 SF
CountyOrange County

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Location

Listing Courtesy of Pacific Sotheby's Int'l Realty, Tara Foster Shapiro, DRE #01892201

Virtual Tour

Building Information for 1516 West Oceanfront

Stories3Residences-Year Built1990Building Size-Lot Size0.07 AC / 3,090 SF

Payment Calculator

$12,048 per month

30 year fixed, 2.95% Interest

Principal and Interest

$12,048

Property Taxes

HOA Dues

$0

Property Information for 1516 West Oceanfront

Summary Information
    Property and Location
  • System ID: 304381194
  • Class: 2-4 UNITS
  • Levels: 1 Story
  • Street Number Numeric: 1516.0
  • Street Direction: W
  • Street Name: Oceanfront
  • Directions To Property: Oceanfront Between 15th and 16th Streets
    HOA and Fees
  • Home Owner Fees: $0
    Supplement
  • Supplement: BACK ON MARKET AFTER BUYER FAILED TO PERFORM. Step up to the oceanfront lifestyle! Superbly positioned between the Balboa and Newport piers and just a short stroll from bustling Marina Park and myriad water activities, this freshly remodeled three bedroom, two bath, separately deeded, R-2 condo affords a unique turn-key opportunity to live waterfront in Newport Beach. Enjoy easy, breezy single-level living with direct elevator access, and an open lay out that revels in whitewater views and sunsets behind Catalina. Floor-to-ceiling glass opens to a seaside terrace perfect for soaking up the sun and enjoying the activity of the beach front below. Open format living, dining and kitchen areas play to relaxed days spent at the beach with family and friends. A newly remodeled kitchen boasts abundant storage and prep space, top-line appliances, and separate butler's pantry with wine refrigeration to make entertaining a breeze. An adjacent patio is perfect for cozy outdoor dining and BBQ fun. With three generously proportioned guest rooms, the master suite is highlighted by a spa bath with dual vanities, shower and soaking tub. A separate laundry room also allows for additional storage. Truly a one-of-a-kind opportunity on the oceanfront promenade, this condo is one of only two units in the three-story building. Each owner enjoys 3 car garage parking, a large storage area, beach bath, and access to a common beach front patio. Grab your beach bag and head to the sand...this coastal condo checks all of the boxes! VIRTUALLY STAGED.
Interior and Exterior Features
    Interior Features
  • Heat Equipment: Forced Air Unit
  • Heat Source: Natural Gas
    Exterior Features
  • Pool: N/K
Property Information
    Property and Assessments
  • Total Stories: 3
  • Entry Only: No
  • Lot Size: 1-3,999 SF
  • Lot Size Source: City/County Records
  • Lot Dimensions Approx: 30x103
  • Site: Sidewalks
  • Zoning: Public Rec
  • Assessors Parcel Num: 93980011
  • Miscellaneous: Elevators/Stairclimber
Multi Family Information
    Unit 1
  • Unit Num for Unit 1: 1
  • Unit 1 Num of Bedrooms: 3
  • Unit 1 Num of Total Baths: 2
  • Unit 1 Rent Actual: $0

Property History for 1516 West Oceanfront

DateEvent & SourcePriceAppreciation
Sep 17, 2021

Accepting Backup Offers

SDMLS #NP21155790

Jul 16, 2021

Listed (Active)

SDMLS #NP21155790

$3,595,000
Jul 1, 2021

Expired

SDMLS #NP21043636

DateEvent & SourcePrice
09/17/2021

Accepting Backup Offers

SDMLS #NP21155790

07/16/2021

Listed (Active)

SDMLS #NP21155790

$3,595,000
07/01/2021

Expired

SDMLS #NP21043636

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1516 West Oceanfront


SchoolTypeGradesDistanceRating
Newport ElementaryPublicK-60.2 mi
9
Horace Ensign IntermediatePublic7-80.9 mi
7
Newport Harbor HighPublic9-121.2 mi
7
HarperPublic2.0 mi
NR

Newport Elementary

K-6, 0.2 mi, Public

9

Horace Ensign Intermediate

7-8, 0.9 mi, Public

7

Newport Harbor High

9-12, 1.2 mi, Public

7

Harper

2.0 mi, Public

NR

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.

Listing Courtesy of Pacific Sotheby's Int'l Realty, Tara Foster Shapiro, DRE #01892201

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.